Great Bear Resources Ltd. (the 'Company' or 'Great Bear') reported gold recovery test results from its 100% owned Dixie Project, in the Red Lake district of Ontario. Metallurgical tests confirm very high gold recoveries with minimal impact from either accessory sulphides or the argillite host rocks which are frequently present in the Dixie Limb zone. The Dixie Limb zone contains both low and high sulphide content mineralization types. Dixie Limb zone gold mineralization with low accessory sulphide content within quartz veins is mineralogically indistinguishable from the adjacent Hinge zone mineralization, which previously yielded very high gold recoveries of 95 – 97% (November 12, 2020). This material was not re-tested. Four high accessory sulphide (pyrrhotite and pyrite dominated) samples were tested for the first time using the same metallurgical processes as were previously applied at the Hinge zone. Additionally, lead nitrate, a common additive to gold recovery circuits at deposits containing significant accessory pyrrhotite, was added to two of the high sulphide samples. Gold recoveries were very high for all samples, returning similar results to Hinge zone low-sulphide samples. More finely ground material yielded slightly higher recoveries (93.1% for more coarsely ground versus 96.1% for more finely ground material). Faster gold dissolution kinetics and slightly higher gold recoveries were noted for the samples treated with lead nitrate (96.1% without lead nitrate versus 96.9% and 96.7% with). Gold mineralized argillite is present at the Dixie Limb zone but not in the other gold zones at Dixie. Six gold mineralized argillite samples were tested using the same metallurgical processes applied to the Hinge zone and the high sulphide Dixie Limb zone samples, i.e. variations in primary grind size and addition of lead nitrate. A higher cyanide concentration was also analyzed for the first time. All gold recoveries in all conditions were very high, similar to non-argillite Hinge and Dixie Limb zone samples. Finer grind size had no effect on gold recoveries, which were high for both coarse and fine grinds (samples CN-3 and CN-4; 92.9% and 88.3% respectively). Increased cyanide concentration yielded a slight increase in gold recovery (sample CN-9; 97.5%). In the argillite material, the addition of lead nitrate increased the rate of gold dissolution, while reducing the overall consumption of cyanide. Gold recoveries were also modestly increased by the addition of lead nitrate (samples CN-7, CN-8 and CN-10; 97.0%, 97.4% and 97.1% respectively). Metallurgical results to date suggest similar gold recovery processes are applicable to both the Dixie Limb and Hinge zone. Metallurgical testing of samples from the LP Fault zone is underway, with results expected periodically over the remainder of 2021. The Company will also begin gravity circuit gold recovery tests on samples from all gold zones in 2021. Details of Dixie Limb Gold Recovery Work: Ten one kilogram samples were analyzed by Blue Coast Research Ltd. of Parksville, British Columbia during these preliminary metallurgical tests. These ten samples were taken from two aggregate composites which had the following representative geological characteristics: A high sulphide composite of 18.96 kilograms representing 20.10 metres of core length, averaging 8.0 g/t gold. A sedimentary host (argillite) composite of 18.6 kilograms representing 11.95 metres of core length, averaging 10.6 g/t gold. Samples were processed through a standard 48 hour bottle roll procedure at 40% solids, using a 1.0 g/L sodium cyanide solution. Other conditions, such as grind size and lead nitrate addition, were varied according to the test objectives. The Dixie Project is 100% owned, comprised of 9,140 hectares of contiguous claims that extend over 22 kilometres, and is located approximately 25 kilometres southeast of the town of Red Lake, Ontario. The project is accessible year-round via a 15 minute drive on a paved highway which runs the length of the northern claim boundary and a network of well-maintained logging roads. The Dixie Project hosts two principal styles of gold mineralization: High-grade gold in quartz veins and silica-sulphide replacement zones (Dixie Limb, Hinge and Arrow zones). Hosted by mafic volcanic rocks and localized near regional-scale D2 fold axes. These mineralization styles are also typical of the significant mined deposits of the Red Lake district. High-grade disseminated gold with broad moderate to lower grade envelopes (LP Fault). The LP Fault is a significant gold-hosting structure which has been seismically imaged to extend to 14 kilometres depth (Zeng and Calvert, 2006), and has been interpreted by Great Bear to have up to 18 kilometres of strike length on the Dixie property. High-grade gold mineralization is controlled by structural and geological contacts, and moderate to lower-grade disseminated gold surrounds and flanks the high-grade intervals. The dominant gold-hosting stratigraphy consists of felsic sediments and volcanic units.